Portugal
How Portugal performs
Tax
High taxes. Portugal has one of the heaviest tax burdens in the index, 111th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 12.5 - 48%, corporate tax 10.5 - 19%, VAT 23%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Very safe. Portugal is one of the most peaceful and stable countries in the index, 6th of 117.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Fairly expensive. Everyday life costs more here than in most countries we cover (77th of 118). Budget for it.
Source: Numbeo Cost of Living Index
Education
Excellent education. Portugal has one of the strongest education and knowledge systems in the index, 23rd of 120. A strong choice for families and for study.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 10.5 - 19% Applicable tax rate varies based on the location of the business and amount of income earned |
|---|---|
| Personal income tax | 12.5 - 48% Applicable tax rate varies based on the amount of income earned |
| Standard VAT | 23% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 10 years7 years for EU and CPLP nationals
- Language requirement
- YesProficiency in Portuguese language (A2 level)
- Investment Immigration Pathway
- Portugal Golden Visa
- Official language
- Portuguese
- Dual citizenship
- Allows dual citizenship
2 immigration pathways
Program terms change. Always confirm the current rules with the issuing authority before acting. This page is informational and is not legal or tax advice.